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Cursor in talks to raise at a $10B valuation as AI coding sector booms
Investor interest in AI coding assistants is exploding. Anysphere, the developer of AI-powered coding assistant Cursor, is in talks with venture capitalists to raise capital at a valuation of nearly $10 billion, Bloomberg reported. The round, if it transpires, would come about three months after Anysphere completed its previous fundraise of $100 million at a…
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Microsoft reportedly ramps up AI efforts to compete with OpenAI
Microsoft is accelerating its push to compete with OpenAI, its longtime collaborator, by developing its own powerful AI models and exploring alternatives to power products like Microsoft’s Copilot bot. Microsoft has developed its own AI “reasoning” models comparable to models like OpenAI’s o1 and o3-mini, the The Information reports. OpenAI is said to have refused…
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SXSW 2025: What we’re paying attention to
TechCrunch will be on the ground at SXSW 2025 — the annual tech, music, comedy, and film conference that kicked off Friday in Austin — in search of the zeitgeist of this AI-centric era. Yup, we’re one sentence in and AI has already made its entrance. And why not? A quick scan of the massive…